Category Archives: Economics

More compensation!

(featured image credit: Gerd Altmann) Would the world be a better place if we found (and made) it easier to compensate others? It’s a beautiful Saturday and you’re invited to a barbecue. The hosts have a reputation for ensuring memorable … Continue reading

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Green nudges, clever and not so clever

(featured image credit: Colin Brown Photography) Behavioural science can do its bit in averting severe climate change, but it has to be done well   How will climate change affect you personally? This can be hard to tell. There is … Continue reading

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The (behavioural) thing with wine

(credit: Felice Candillo CC BY) On the deep and interesting relationship between wine and behavioural sciences Last week, some people in a Manchester restaurant ordered a £260 (€290, $340) bottle of Pauillac, but nobody noticed that they were brought a … Continue reading

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(Spending) money makes us happy

(featured image credit: Boris Kasimov CC BY) Maybe our preoccupation with earning money is a bit misguided – and for more than one reason Imagine receiving a bonus of, say, £2,400. Not an insignificant amount – it is close to … Continue reading

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More indifference

Why strong preferences and opinions are not (always) good for us My young teenage daughter used to ask me whether I ‘hated’ the male lead singer of the band The Beautiful South every time one of their ditties was played … Continue reading

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Money talks (but do we understand what it says?)

(featured image credit: Olivier Mabelly CC BY) What the flood of financial support for the rebuilding of the Notre Dame (and the reactions to it) tells us about ourselves Fires at famous landmarks understandably get a great deal of attention. … Continue reading

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A fair price for everyone

(featured image credit: Timothy Takemoto CC BY) Fairness is an important feature in our society. But is a fair price a fixed price, which is the same for everyone? For billions of years, life on this planet has been subject … Continue reading

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